Shanghai Zhenhua Heavy Industries Dividend
Dividend criteria checks 3/6
Shanghai Zhenhua Heavy Industries is a dividend paying company with a current yield of 1.43% that is well covered by earnings.
Key information
1.4%
Dividend yield
47%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.11 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600320 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600320 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Shanghai Zhenhua Heavy Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600320) | 1.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (600320) | n/a |
Notable Dividend: 600320's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 600320's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.6%), 600320's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.8%), 600320's dividend payments are thoroughly covered by cash flows.